EANS-News: Atrium European Real Estate Limited / ATRIUM APPOINTS RÜDIGER DANY AS CHIEF OPERATING OFFICER

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Management Changes

ATRIUM APPOINTS RÜDIGER DANY AS CHIEF OPERATING OFFICER

JERSEY, 23 September 2014 - Atrium European Real Estate (the
"Company") (VSE/ Euronext: ATRS), a leading owner, operator and
developer of retail real estate and shopping centres in Central and
Eastern Europe, announces the appointment of Rüdiger Dany as Chief
Operating Officer, effective as of 1 October 2014.

Mr. Dany joins Atrium after 11 years at one of the largest European
retail property specialists and shopping centre managers, ECE
Projektmanagement GmbH & Co KG ("ECE") and its subsidiaries across
Europe and the Middle East, including five years in senior positions
in CEE.

Most recently, from September 2013 he was Chief Executive Officer of
European retail property management company Auxideico Gestión,
S.A.U., a member of the ECE group, which manages 16 shopping centres
in Spain owned by international investors. Prior to this, Mr.Dany
spent three years as ECE's Managing Director Poland, Czech Republic
and Slovakia, where he was responsible for the acquisition and
development of new projects, asset management and M&A activity. He
spent the previous two years as ECE's Managing Director Czech
Republic, Slovakia and Romania, a role which also included
responsibility for management of a number of assets in Lithuania,
Greece and Serbia, as well as overseeing the management of seven
shopping centres in Turkey. Mr. Dany has also worked as a Centre
Manager for ECE on major projects in Doha, Qatar and Frankfurt,
Germany.

Before joining ECE, Mr. Dany spent 15 years from 1988 to 2002 as a
retailer, having been managing director of Dany Fachhandel GmbH & Co.
KG, a midsize German retailer which he took over and expanded to five
stores and 150 employees. During this time he also served for seven
years as Deputy Chairman of the Board of Sütergro e.g., a German
trade association of major fashion retailers.

Mr. Dany will succeed the current COO, Mr.Kardun, who assumes the
role of CEO as of 30 November 2014.

Rachel Lavine, Chief Executive Officer of Atrium, commented: "Rüdiger
has an impressive, proven track record with extensive experience in
retail real estate in CEE and a detailed knowledge of our target
markets. Our strategy is to hire top tier real estate professionals
at all levels, and his appointment ensures that we maintain an
exceptionally strong management team. He succeeds Josip Kardun, who
will become CEO at the end of November, and I am confident that both
Rüdiger and Josip will continue to provide Atrium with strong
leadership through its next phase of growth."

For further information:

FTI Consulting Inc.:

+44 (0)20 3727 1000
Richard Sunderland / Claire Turvey / Nick Taylor
atrium@fticonsulting.com

About Atrium European Real Estate Atrium is a leading real estate
company focused on shopping centre investment, management and
development in Central and Eastern Europe. As at 30June 2014the Group
owned 153 shopping centres and retail properties, with a market value
of EUR2.5billion, diversified across seven countries with a total
gross lettable area of 1.3 million sqm. In 2013, Atrium produced a
gross rental income of EUR203.5 million. The Company is based in
Jersey and dual listed on the Vienna and Euronext Amsterdam Stock
Exchanges under the ticker ATRS.

This press release appears as a matter of record only and does not
constitute an offer to sell or a solicitation of an offer to purchase
any security.

Atrium is established as a closed-end investment company incorporated
and domiciled in Jersey and regulated by the Jersey Financial
Services Authority as a certified Jersey listed fund, and is listed
on both the Vienna Stock Exchange and the NYSE Euronext Amsterdam
Stock Exchange. Appropriate professional advice should be sought in
the case of any uncertainty as to the scope of the regulatory
requirements that apply by reason of the above regulation and
listings. All investments are subject to risk. Past performance is
no guarantee of future returns. The value of investments may
fluctuate. Results achieved in the past are no guarantee of future
results.

Further inquiry note:
FTI Consulting Inc
+44 (0)20 3727 1000
Richard Sunderland
richard.sunderland@fticonsulting.com

end of announcement euro adhoc
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company: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
sector: Real Estate
ISIN: JE00B3DCF752
indexes: Standard Market Continuous
stockmarkets: official market: Wien
language: English